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Four-Unit Property with Balconies
For Sale
$425,000

322 Bellevue Avenue, Daytona Beach, FL 32114

Residential Income, Daytona Beach, FL

Property Size1,752 SF
Price / SF$242.58
Days on Market92

Property Features for 322 Bellevue Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 4
Parking 10
Parking features Off Street
Exterior features Balcony
Subdivision Donnelly
Lot features Corner Lot
Directions From Ridgewood go East on Bellevue. Building on right.
Standard status Active
APN 533956000070
Size 1,752 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6869

Utilities

Utilities Cable Available
Heating system Electric (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

private balcony or porch

Building Details

Year built 1910
Floors in Building 2
Number of units 4
Roof type Shingle
Listing Agency: Tall Gates Property Management & Sales LLC
Listed By: Sue Marzello
Added: Jul 21 Changed: Oct 9 Last Checked: Oct 20 at 11:06AM
MLS# 1228854

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Daytona Beach quadplex contains four one-bedroom, one-bath apartments within a 1,752-square-foot property built in 1910. Each residence includes a private balcony or porch at the front and rear, while the building is served by electric heat, window or wall/window cooling units, and a shingle roof. Public water and cable availability are also reported.

Located at 322 Bellevue Avenue, the property provides off-street parking and is positioned near the beach and local restaurants. The four-unit layout offers a clearly defined residential income configuration, with each apartment providing one bedroom and one bathroom.

Key Highlights

  • Four one‑bedroom, one‑bath apartments
  • 1,752 square feet on a 0.04‑acre lot
  • Private balcony or porch at each apartment’s front and rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,369
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,380 $307.4K
Cap Rate 7%
$219,557 $219.6K
Cap Rate 9%
$170,767 $170.8K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$24.4K $13.92/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$22.0K $12.53/SF
− OpEx
−$6.6K −$3.76/SF
NOI
$15.4K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,380
Cap Rate 7%
$219,557
Cap Rate 9%
$170,767

Alternative Uses

Best Use
Multifamily LT 5
$219.6K
$192.1K – $256.2K (±1% cap)
NOI $15,369 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$190.7K
$166.9K – $222.5K (±1% cap)
NOI $13,350 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$516.6K
$452.0K – $602.7K (±1% cap)
NOI $36,161 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby

Demographics for 32114, FL

34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Daytona Beach quadplex with one-bedroom apartments, private outdoor spaces, and off-street parking.
Where is this quadplex located?
The property is located at 322 Bellevue Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath apartments; 1,752 square feet on a 0.04‑acre lot; Private balcony or porch at each apartment’s front and rear
More about this property
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